The bullish bat PRZ may act like a magnet to pull the price towards 395 odd levels. Price has already broken out of a pennant pattern and resuming the downtrend. The 407 could act as a minor support.
Short term traders may take advantage of the shorting opportunity. The long term traders may look for covering shorts in the specified zone and think of accumulation ...

Brief analysis
I see a sharp bounce from 9222. This low was just shy of the Gartley PRZ near 8700. It has been approaching a possible reaction zone near 13000 and strong resistance near 14000. Price action there will reveal the future course of action.
We have strong support at 8700. The traders should turn bearish only below 8700 because then there will be a ...

A bullish bat formed on a weekly chart, with geopolitical tension easing and stimulus package in offing,
a trade can be initiated on a green weekly candle for a respective target with a trailing stop loss for the 2nd target.

I don't know why I reverse trade these patterns. But So far it has yielded handsome returns. A bullish bat seems to have been developing and PRZ is still far. The stock has been in a downtrend since June end, so why not take a trade in the direction of this trend rather than waiting for reversal.
A small downward sloping triangle seems to be developing. I don't ...

Hey,
A potential bullish bat is near its D leg completion & it may be a good candidate for next week for swing long trade.
Trade levels highlighted on chart.
let the price hit Potential reversal zone (PRZ), watch price action on lower time frame before go long.
Trade with care
Gulz

Hi,
We may get potential bullish bat long setup on Biocon hourly chart.
Trade levels shown on chart. As Usual, Risk/Reward is highly favourable for Bat setup.
Also a RSI BAMM may develop for this trade - Watch out RSI while price enters in PRZ.
Trade with Care,
Gulz

Hi,
On Tata Motors , 15 min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup .
The D leg completion of BAT is @ 460.7 (PRZ).
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Stop loss would be placed below X leg structure support .
Target 1 - 466.9
Target 2 - ...

Hi,
Thanks @razultull for spotting the patterns.
Intact there was a shark right behind the BAT & it would have been a juicy trade but we missed it.
So there is a bullish bat harmonic pattern is developing on 30 mins chart & the D leg of the BAT coincides with support trend line (green colour on chart). D leg completion is at 468.5 (PRZ).
The PRZ zone is only ...

Hi,
On NIFTY , 30 min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup .
The D leg completion of BAT is @ 8901 (PRZ).
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Stop loss would be placed below X leg structure support .
Target 1 - 9022
Target 2 - ...

On TCS 60 mins chart, we have a potential Long opportunity at the D leg completion of bullish BAT setup .
The price reversal zone is between 2424 & 2404
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Stop loss would be placed below X leg structure support .
Target 1 - 2487
Target 2 - 2525
(When ...

On Ashok Leyland 30min chart, we have a potential Long opportunity at the D leg completion of bullish BAT setup .
The price reversal zone is between 87 & 86.
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Stop loss would be placed below X leg structure support .
Target 1 - 89.4
Target 2 - 90.9
(When ...

On ICICI 60min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup .
The price reversal zone is between 259.8 & 255.
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Stop loss would be placed below X leg structure support .
Target 1 - 272
Target 2 - 280
Trade with ...

On the GLENMARK PHARMA, 1 hour chart we have a potential long opportunity at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 876 & 833
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement ...

Hello Traders,
I have spotted Bullish BAT pattern on NTPC. Potential Reversal Zone (PRZ) is highlighted on the chart. This time, we have little wide PRZ. It is made of 1.27AB, 0.886XA and BC Fibonacci ratio confluence. Once price enters into the PRZ, one can take a long entry. This potential swing trade has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.3 for ...